Updated: July 12, 2021|
Updated: July 12, 2021|
Creating your limited liability company (LLC) is a major milestone in establishing a new business. The formation of a legal company helps you build your business and protect all of your hard work. Because it’s such an important step, you must ensure the service provider helping you form your LLC keeps your specific needs and goals in mind. As one of the most recognized names in legal services, LegalZoom® provides LLC formation services that work for a wide range of budgets and businesses.
Ready to take the next step? Keep reading to learn more about the LLC formation services available from LegalZoom.
LegalZoom is one of the most recognizable names in business legal services with packages and add-on services available for a variety of needs.
LegalZoom’s team of legal professionals provide reliable document preparation for everything from business formation to wills and trusts. With the ability to work in all 50 states, LegalZoom just might be the one-stop-shop you’re seeking to address your legal needs. Before you make a final decision, however, you should first consider the pros and cons of using LegalZoom’s services.
Here are the top three reasons to choose LegalZoom for your LLC formation:
Yet, working with LegalZoom also comes with several disadvantages:
StateRequirement recommends LegalZoom for businesses with the budgets to pay premium prices for comprehensive service and ongoing legal services that can help their business grow and succeed.
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LegalZoom offers three levels of LLC formation pricing with its higher-tier packages providing more services and faster processing times.
If you just want the most basic LLC formation service and don’t mind waiting 30 business days for processing, it’s hard to beat the LegalZoom Economy package for $79 plus state fees. It comes with the required filing documents for your state, a financial authorization document, your Articles of Organization, and LegalZoom’s “Peace of Mind” guarantee. It’s a great price for the numerous documents you’ll receive plus a guarantee of accurate processing. All LegalZoom packages come with a 60-day, money-back guarantee in case you aren’t completely satisfied with the company’s work.
In an effort to get you to pay for additional services, LegalZoom provides a free, 30-minute tax consultation via phone, a guide to your next steps as a new business owner, and a monthly newsletter. These are all great resources — especially if you’re less experienced with operating a business. Just be ready to have LegalZoom direct you to paid services it deems essential for keeping your business running smoothly.
As the company’s mid-tier option, the LegalZoom Standard package reduces the required document processing time from 30 to 15 business days — a pretty drastic difference. This package also includes a fancy document storage kit to help you organize all of your formation paperwork. You’ll also receive an embosser and membership certificates with your business name on them.
But, this package costs quite a bit more than the LegalZoom Basic package while the extra resources it includes are largely ceremonial and won’t impact your business’s function. At $329, this package doesn’t offer much additional value beyond a faster processing time. If expedited processing is essential for your business, you may find its higher price worthwhile
The fastest processing time available from LegalZoom — 10 business days — comes with the LegalZoom Express Gold package. When you choose this package, LegalZoom places your business at the front of the line for LLC formation and document filing. The company also will ship your completed documents to you using the fastest shipping method available.
At $349, this option costs just $20 more than the LegalZoom Standard package. But, it doesn’t include any additional perks or services beyond the speedier processing and document shipping. If you really want to form your LLC as quickly as possible, this package may be worth the additional cost. Like the other two options, the LegalZoom Express Gold package comes with a 60-day, money-back guarantee so you can recoup your investment if the service doesn’t live up to your expectations.
Indeed gives LegalZoom a rating of 3.5 out of five.
An impressive 2,483 reviews on the Better Business Bureau® website give LegalZoom a rating of 4.25 out of five plus an overall “A” rating.
The requirement to form an LLC will depend on your state’s laws and the type of business you plan to operate. The LLC business structure protects your personal assets from liability by separating them from your business so disgruntled employees or customers can’t sue you personally for a business-related matter. The LLC business structure also can offer tax advantages, depending on how your LLC files its taxes. LegalZoom’s ongoing legal support and tax consultations can provide great insights to help you determine the best path for your business.
LegalZoom is one of the more expensive LLC formation options on the market — especially if you need add-on documents, additional services, or faster processing times. While the needs of each business will vary, new businesses with tight profit margins should carefully review all of their LLC formation options before choosing one of the pricier packages from LegalZoom. Business owners seeking a service provider with an established reputation for delivering business services and a large network of lawyers and other professionals may find LegalZoom’s premium prices worth the extra cost.
All documents prepared and submitted by LegalZoom to a state business formation authority are valid as long as they meet the requirements of that state. LegalZoom provides a “Peace of Mind” guarantee that ensures its team will closely review and prepare your documents to meet all of these requirements. Make sure you know the state in which you want to create your business so LegalZoom can tailor your paperwork accordingly. If you’re not satisfied, you can use LegalZoom’s 60-day, money-back guarantee to get a full refund.
When you work with LegalZoom, you’ll create an online account. You can then view and download many of your completed documents through this secure account. If a specific document isn’t available in your online account, you can contact LegalZoom to request a hard copy via mail.
LegalZoom’s LLC formation packages range from $79 to $349 and include everything you need to create an LLC with your state. Additional services, such as preparing an Operating Agreement or securing an Employer Identification Number (EIN) from the Internal Revenue Service, cost extra. You also can use LegalZoom as your LLC’s registered agent or for ongoing legal advice and consultation, but you’ll need to pay annually for these services.
While it's one of the more expensive options, LegalZoom offers comprehensive services to help you form and run a business -- all backed by a strong reputation and a large network of legal professionals.
Information on this page has been gathered by a multitude of sources and was most recently updated on July 2021.
Any Information on this site is not guaranteed or warranted to be correct, accurate, or up to date. StateRequirement and its members and affiliates are not responsible for any losses, monetary or otherwise. StateRequirement is not affiliated with any state, government, or licensing body. For more information, please contact your state's authority on insurance.
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